The scanning process examines text for occurrences of names or other information identified in any of the industry based sanctions lists. Two issues are raised for any screening method. First, the risk of not identifying a blocked person or entity when it is present in the scanned text(false negative). Second, the cost of stopping a transaction when in fact there is not a blocked entity in the scanned text(false positive). The design of the SDN Scanner recognizes that the cost of false negative transactions is high and gives priority to eliminating such items.
Sanctions lists include a broad set of names and terms which are in common use. The SDN Scanner supports a Custom list that allows users to improve the accuracy of the scan by qualifying specific text as pre-approved(not in need of further review). The Custom list also allows users to include text which is not specified in the primary sanctions lists. An included entry is treated like any blocked entity and creates a reportable item when matched.
Sanctions lists selected by the user and the user's Custom list are combined into a scanning dictionary that's used to examine text.
Any combination of lists can be used. The combination can include lists that we publish and the two lists that we support but do not publish. These two lists, the Custom and FinCen lists, you must upload yourself.
|Abbr||Source||Name||As Of Date||Entry
From - Through
|OFC||OFAC SDN||Jun 10, 2021||8,954||14,253||Jun 11, 2021||Feb 11, 2021 - Jun 10, 2021|
|CN||Consolidated Screening||Jun 11, 2021||12,580||16,219||Jun 11, 2021|
|EU||European Union||Apr 13, 2021||2,273||7,949||Apr 13, 2021||Mar 10, 2021 - Apr 13, 2021|
|HM||HM Treasury Asset Freezing Unit||May 17, 2021||2,233||6,068||May 17, 2021||Mar 22, 2021 - May 17, 2021|
|CS||Consolidated Sanctions||Dec 14, 2020||376||918||Dec 22, 2020|
|UC||UN Consolidated||Apr 29, 2021||997||3,134||Apr 30, 2021||Jan 11, 2019 - Apr 29, 2021|
|DB||Debarred Parties||Jul 2, 2020||721||140||Jan 15, 2021|
|DP||Denied Persons List||Apr 2, 2021||437||12||Apr 6, 2021||Mar 25, 2021 - Apr 2, 2021|
|FT||Foreign Terrorist Organizations||Mar 11, 2021||72||56||Mar 18, 2021|